Key worker house purchase affordability improves
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Read more »
250,000 over 50s say they will have to sell their home to pay off their mortgage
While most young people are struggling to get on the property ladder, some over 50s are clinging on to the last rung.
Read more »
Toolbox of mum and dad plugs the DIY skills gap
A growing DIY skills gap and an empty toolbox is leaving young adults ill-equipped to do basic household maintenance tasks, relying instead on mum and dad for both advice and hands on help.
Read more »
Young adults fail to cut ties with home
The under 30s are finding it almost impossible to break free emotionally and financially from their parents according to a new report published today by The Co-operative.
Read more »
Raising a deposit is a crucial challenge for many first-time buyers and is highlighted by many as the key hurdle to buying their first home.
The number of first-time buyers increased by 3% in February, marking the best start to a year since 2008, according to new data released today by the Council of Mortgage Lenders.
Commenting on recent mortgage rate moves, Michael Ossei, personal finance expert at uSwitch.com, says: “Fixed rate mortgage rates have continued to slide this week, with rewards available for both existing homeowners and first time buyers.
Access to mortgage finance as a barrier to property purchase has dropped to its lowest level since the survey began at the height of the credit crunch in June 2008, the Building Societies Association (BSA) has said in its latest property tracker.
House price growth remains stable across most of the UK, although prices in London are increasing and prices in Northern Ireland are falling.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
